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    Pax Americana Debt Bubble
    American Elites and Debt Crisis
    Ebook series2 titles

    Government Series

    By James Constant

    ()

    About this series

    Throughout history, there always has been tension between government and governed. Tension exhibits and change begins with a widespread "desire for change" from discontented people who feel powerless and who also have no confidence in existing culture or traditions. Price and environmental protests are people's desire for change. Competition for consumption of resources by the geometrical increase in global population is the underlying cause for price protests. The geometrical increase in global population is the underlying cause for environmental protests. As 2019 enters its final quarter, there were huge protests around the globe. Ironically, while price protests ask for price relief environmental protests ask for mitigation of environmental impacts. I say ironically because the mitigation of environmental impacts entail enormous public costs. Thus, giving in to price and environmental demands of protesters is opposed by government which must balance loss of funds against public rebellion. While price protests can topple government they can be managed politically or by force if necessary. Environmental damage costs society enormous amounts of money -- and often leaves future generations to foot the bill. Environmental impacts are not political but mother nature's reaction to man's action upon the environment leading to extermination of the human species.

    LanguageEnglish
    PublisherJames Constant
    Release dateJul 5, 2013
    Pax Americana Debt Bubble
    American Elites and Debt Crisis

    Titles in the series (2)

    • 2

      American Elites and Debt Crisis
      American Elites and Debt Crisis

      American Elites and Debt Crisis

      James Constant
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      Historean Zinn (1920-2010) sets forth the unending struggles between American corporations and workers and claims that government is in the hands of ruling elites not government of and for the people.[1] Zinn was most interested in social movements and how they affect social change. He spent his life finding out and explaining how American presidents have failed the people in the past, and how the people have organized movements to overcome those failings. Certainly, America was built by capitalists and workers but the bottom line is that, while workers through social movements have secured social security and civil rights, capitalists have wound up with enormous wealth and global dominance. It is social movements that grab the attention of politicians and affect policy, and social change has always come with struggle. Zinn says presidents should be pushed. In the present work, I claim government and workers operate, along with corporations, as parts of a living biological cell. Social movements are people's responses to conditions set by government of and for elites. Using the same historical facts Zinn talks about I claim that government can never be in the hands of and for the people. I differ with Zinn in his hope that his guards will someday join with prisoners to eliminate injustice. I say that elites will never join with people except in their biological roles as rulers (good or bad) and ruled. Injustice, to some degree or another, is the hallmark of every society. My citations to Zinn's facts are too numerous to include. To the reader, I say look up Zinn's book and elsewhere for historical details

      Historean Zinn (1920-2010) sets forth the unending struggles between American corporations and workers and claims that government is in the hands of ruling elites not government of and for the people.[1] Zinn was most interested in social movements and how they affect social change. He spent his life finding out and explaining how American presidents have failed the people in the past, and how the people have organized movements to overcome those failings. Certainly, America was built by capitalists and workers but the bottom line is that, while workers through social movements have secured social security and civil rights, capitalists have wound up with enormous wealth and global dominance. It is social movements that grab the attention of politicians and affect policy, and social change has always come with struggle. Zinn says presidents should be pushed. In the present work, I claim government and workers operate, along with corporations, as parts of a living biological cell. Social movements are people's responses to conditions set by government of and for elites. Using the same historical facts Zinn talks about I claim that government can never be in the hands of and for the people. I differ with Zinn in his hope that his guards will someday join with prisoners to eliminate injustice. I say that elites will never join with people except in their biological roles as rulers (good or bad) and ruled. Injustice, to some degree or another, is the hallmark of every society. My citations to Zinn's facts are too numerous to include. To the reader, I say look up Zinn's book and elsewhere for historical details

    • 12

      Pax Americana Debt Bubble
      Pax Americana Debt Bubble

      Pax Americana Debt Bubble

      James Constant
      0 ratings
      0 ratings

      The western economic powers comprising Pax Americana, such as the United States (U.S.), Germany and Japan, appear to be in a decline phase while the emerging eastern powers such as Russia, China, India and Brazil appear ascendant. The economy of Japan peaked in 1990 after its inflated bubble burst and it has not completely recovered. Starting with the Lehman Brothers bank collapse, the U.S. economy declined markedly in 2007-08, after its sub prime mortgage crisis bubble burst. It had tremendous negative economic impacts on other countries and regions, and it eventually caused the global financial crisis. The European Union (E.U.), having been seriously damaged by the world financial crisis, experienced its own fiscal crisis with the Greek default and its economy has no way to achieve high growth in the next decade or so. While the continued economic problems faced by the U.S. and Japan are similar, the difficulties faced by the E. U. are somewhat different since the causes are mostly due to the effects of economic integration between most countries that are economically weak and some that have strong economies. However, the situation in the E.U. is not irrelevant to the U.S. and Japan both of which have fiscal deficits much larger than that of the E.U. countries where, beginning with the debt loaded Greek economy, the debt crisis presented risk of disbanding the union. Germany, the strong powerhouse alone has kept the E.U. alive. Here, I look at Greece’s failed, Japan’s stagnant, Germany’s static, and the U.S. stalled economies. Greece’s and Japan's experiences are relevant to both the U.S. and the E.U. Presently, Greece has been pushed into long term economic bondage to its European partners, and both Japan and the U.S. have suffered from low growth for a long time. I start by presenting budgets, gross domestic product, population growth, public debt, printing money and producers in each country over the past few years. I find that the U.S. alone, at risk of collapse or becoming an eclipsed empire like Britain, has kept Pax Americana alive at great cost. The Lehman Brothers bank and Greek default were significant events because they threatened the immediate collapse of the U.S. and E.U. economic systems.

      The western economic powers comprising Pax Americana, such as the United States (U.S.), Germany and Japan, appear to be in a decline phase while the emerging eastern powers such as Russia, China, India and Brazil appear ascendant. The economy of Japan peaked in 1990 after its inflated bubble burst and it has not completely recovered. Starting with the Lehman Brothers bank collapse, the U.S. economy declined markedly in 2007-08, after its sub prime mortgage crisis bubble burst. It had tremendous negative economic impacts on other countries and regions, and it eventually caused the global financial crisis. The European Union (E.U.), having been seriously damaged by the world financial crisis, experienced its own fiscal crisis with the Greek default and its economy has no way to achieve high growth in the next decade or so. While the continued economic problems faced by the U.S. and Japan are similar, the difficulties faced by the E. U. are somewhat different since the causes are mostly due to the effects of economic integration between most countries that are economically weak and some that have strong economies. However, the situation in the E.U. is not irrelevant to the U.S. and Japan both of which have fiscal deficits much larger than that of the E.U. countries where, beginning with the debt loaded Greek economy, the debt crisis presented risk of disbanding the union. Germany, the strong powerhouse alone has kept the E.U. alive. Here, I look at Greece’s failed, Japan’s stagnant, Germany’s static, and the U.S. stalled economies. Greece’s and Japan's experiences are relevant to both the U.S. and the E.U. Presently, Greece has been pushed into long term economic bondage to its European partners, and both Japan and the U.S. have suffered from low growth for a long time. I start by presenting budgets, gross domestic product, population growth, public debt, printing money and producers in each country over the past few years. I find that the U.S. alone, at risk of collapse or becoming an eclipsed empire like Britain, has kept Pax Americana alive at great cost. The Lehman Brothers bank and Greek default were significant events because they threatened the immediate collapse of the U.S. and E.U. economic systems.

    Author

    James Constant

    writes on law, government, mathematics and science, as they are and as they should be

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